Valeo has acquired Siemens’ 50% stake in Valeo Siemens eAutomotive, as provided for in the agreement signed with Siemens on 9 February 2022. As a result, Valeo now holds 100% of Valeo Siemens eAutomotive, the leader in high-voltage electrification, which has been integrated into its Powertrain Systems business. This strategic transaction strengthens Valeo’s position as a major player in electrification with a full range of low and high-voltage electric powertrain solutions covering all uses and needs.With Valeo Siemens eAutomotive, Valeo is bringing on board a recognized technological and industrial leader with approximately 4,000 employees, including more than 1,600 engineers, 7 production sites in China, Germany, Hungary and Poland) as well as cutting-edge R&D laboratories, test benches, simulation tools and production capacities.Its electric powertrain systems, motors, inverters and onboard chargers feature on the main platforms of more than 20 automakers and will equip more than 90 electric and plug-in hybrid car models by the end of 2022.
Valeo has acquired Siemens’ 50% stake in Valeo Siemens eAutomotive, as provided for in the agreement signed with Siemens on 9 February 2022. As a result, Valeo now holds 100% of Valeo Siemens eAutomotive, the leader in high-voltage electrification, which has been integrated into its Powertrain Systems business. This strategic transaction strengthens Valeo’s position as a major player in electrification with a full range of low and high-voltage electric powertrain solutions covering all uses and needs.With Valeo Siemens eAutomotive, Valeo is bringing on board a recognized technological and industrial leader with approximately 4,000 employees, including more than 1,600 engineers, 7 production sites in China, Germany, Hungary and Poland) as well as cutting-edge R&D laboratories, test benches, simulation tools and production capacities.Its electric powertrain systems, motors, inverters and onboard chargers feature on the main platforms of more than 20 automakers and will equip more than 90 electric and plug-in hybrid car models by the end of 2022.